Turb Fan Aero Engine Market Brief

download Turb Fan Aero Engine Market Brief

of 37

Transcript of Turb Fan Aero Engine Market Brief

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    1/37

    Global Commercial Aero Turbofan Engine Market,

    Supply Chain and Opportunities: 2011 - 2017

    Lucintel Brief

    Published: July 2012

    0 ., 0, , 0, .

    +0, .

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    2/37

    Table of Contents

    • Executive Summary 

    • Market Analysis of Commercial Turbofan Engine Industry 

    • Supply Chain Analysis of Commercial Turbofan Engine Industry 

    • Technology Trend and Future of Commercial Turbofan Engine

    Creating the Equation for Growth

    • Growth Opportunities and Emerging Trends 

    • About Lucintel 

    2

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    3/37

    Executive Summary

    • Commercial aero turbofan engine on new airframe deliveries totaled 1,862 units in 2011. Turbofan

    engine deliveries realized 1% CAGR during the 2006-2011 time frame. Engine market was US $16.7

    billion in 2006 and reached $21.2 billion with CAGR of 5% during 2006-2011.

    • CFM International is the leading turbofan engine manufacturer in the narrow body aircraft market,

    capturing 62% market share of the active fleet. GE dominates in wide body aircraft with 48% share.

    • Major drivers of this industry include growth in air traffic, environmental regulation, the need for

    economization to enhance airline profitability/competitiveness, and the replacement of aging fleet.

    • Commercial aero turbofan engine on new airframe deliveries in terms of units is expected to growth

    with CAGR of 5% during the 2012-2017 time frame.

    Creating the Equation for Growth3

    • ome o t e emerg ng tren s n aero eng ne mar et nc u e: use o secon -generat on o ue s,

    lower maintenance cost, and (3) design & development of fuel-efficient and light weight aero engines

    • Titanium, nickel, and steels are the dominating materials in aero engine design – with an increasing

    interest in composites.

    • Aero engines to be qualified and released during the forecast period include the CFM LeapX and the

    PW1000G Geared Turbofan. The manufacturers of these engine cite the following advantages: (1)

    Enhanced fuel efficiency over current market offering, (2) Reduced emission of NOx and CO2 (3)

    Lighter weight

    • China Commercial aircraft COMAC C919 will be launch with CFM LeapX engine but in future China

    has plan to manufacture engines for the airframe domestically.

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    4/37

    Table of Contents

    • Executive Summary 

    • Market Analysis of Commercial Turbofan Engine Industry 

    • Supply Chain Analysis of Commercial Turbofan Engine Industry 

    • Technology Trend and Future of Commercial Turbofan Engine

    Creating the Equation for Growth 4

    • Growth Opportunities and Emerging Trends 

    • About Lucintel 

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    5/37

    Global Commercial Aero Turbofan Engine Market Overview

    • An aircraft engine is the primary component of the propulsion system for an

    aircraft that generates mechanical and in-flight electrical power.

    • This market is dominated three major manufacturers: GE Aviation (a

    subsidiary of General Electric, based in Evendale, Ohio, US); Pratt & Whitney,(a subsidiary of United Tech-nologies Corporation, based in Hartford,

    Connecticut, US); and Rolls-Royce (Derby, UK).

    • The industry is also characterized by consortiums: International Aero Engine

    Creating the Equation for Growth5

    (Pratt & Whitney, Rolls-Royce, and MTU); CFM International (GE and Snecma);and Engine Alliance (GE and Pratt & Whitney).

    • Revenue-sharing partnerships play an important role in how the industry

    operates. Several suppliers are involved in this type of relationship with engine

    OEMs, including Volvo Aero, IHI, KHI, MHI, and Avio SPA.

    • The Trent 1000 and GEnx are the newest engines in the fleet, soon to be

    followed by the CFM Leap-X and PW1000G Geared Turbofan.

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    6/37

    Commercial Turbofan Engine OEMs on Wide Body Aircraft(Engines with Thrust Range of 60-90 K Lbs.)

    Aircraft Rolls-RoycePratt &

    Whitney

    General

    Electric

    CFM

    (JV: Snecma

    & GE)

    International

    Aero Engines

    (JV: PW,

    RR,MTU)

    Engine

    Alliance

    (JV: GE &

    PW)

    A310

    A330

    A340

    Creating the Equation for Growth6

    A350

    A380

    B767

    B777

    B787

    B747

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    7/37

    Aircraft Rolls-RoycePratt &

    Whitney

    General

    Electric

    CFM

    (JV: Snecma

    & GE)

    International

    Aero Engines

    (JV: PW, RR,

    MTU)

    Engine

    Alliance

    (JV: GE &

    PW)

    A318

    A319/320/321

    A 320 Neo

    Commercial Turbofan Engine OEMs on Narrow Body Aircraft(Engines with Thrust Range of 20-40 K Lbs.)

    Creating the Equation for Growth7

    B737

    B757

    B737 Neo

    Comac C919

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    8/37

    Portfolio of Commercial Turbofan Engines for Wide & Narrow BodyAircraft

        M  a  n  u   f  a  c   t  u  r  e  r  s

    CF6 80C2 CF6 80E1

    CF6 80 A

    GE 90 115E1

    GenX

    CF6 50E2

    GP 7270

     

    CFM 56-5

    CFM 56-3

    CFM 56-7

    Leap X

     

    Creating the Equation for Growth8

    120Thrust Range ( in 1,000 lbs)

    0 40 80

    GE Engines JV: GE & PWPW Engines

       E  n  g   i  n

     

    RR Engines

    20 60 100

    JV: PW, MTU & Japanese Aero engineCFM Engines

     

    PW JT9D

     

    PW JT9D

    PW 4090

    RR RB211

    RR Trent

    970B

    RR Trent500/1000

    RR Trent

    XWB

    RR 895

     

    PW JT8D

    V2500

    RR BR715

    RB211-524

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    9/37

    Geographical Footprint: Commercial Turbofan Engine Manufacturers

    General Electric

    Pratt & Whitney

    Rolls-Royce

    Rolls-Royce: Business expansionin South America, the Middle East,and Asia through securing ordersfor development of an enhancedTrent XWB engine (with 97,000 lbsof thrust, for the enhanced AirbusA350-1000).

     

    Pratt & Whitney:• Aircraft engine manufacturing

    activities are primarily located in theUS.

    • It serve more than 500 customersthat operate large commercial

    engines in 136 countries.

    GEAE primary manufacturing sitesare located in the US.

    Creating the Equation for Growth

    • CFM International is a joint venture between GE Aviation, a division of US-based General Electric and Snecma, a division of Safran ofFrance, with manufacturing of engines in their respective facilities.

    • IAE International Aero Engines AG is a joint venture between Pratt & Whitney of the United States and MTU Aero Engines of Germany, withmanufacturing of engines in their respective facilities.

    • Engine Alliance, a 50/50 joint venture between General Electric and Pratt & Whitney, with manufacturing facilities mentioned above.

    Note

    o s- oyce: e

    Company openednew plants inCrosspointe, Virginia,US, where discs forcivil jet engines aremade.

    Pratt & Whitney engines aremanufactured in partnership withcompanies in countries includingGermany, Japan, China, andSouth Korea. P&W has apartnership with Singapore Airlinesin engine overhaul andcomponents repair facilities.

    GE:• JV of GE Aviation and Aviation Industry Corporation of

    China to develop the new generation of commercialintegrated avionics systems with an immediate priority onsupporting development of China’s first narrow-bodypassenger jet (COMAC 919).

    • Increase its presence in China, with nearly 2,000 GE andCFM56 engines now in service. An additional 1,000 GE

    and CFM engines are on order.

    9

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    10/37

    Global Commercial Turbofan Engine Market Trend and Forecast:2006-2017

    Key Insights

    2,455

    1,8621,744

    0

    500

    1,0001,500

    2,000

    2,500

    +5%+1%

    Global Commercial Turbofan Engine Trend and Forecast

    in Units: 2006-2017

    • Global commercial aero engine shipments

    totaled 1,744 units in 2006 and grew at a CAGR

    of 1%, reaching 1,862 in 2011

     – CFM International and IAE are the

    major players driving the market.

    • The industry realized revenues of $16.7 billion

    in 2006, growing to $21.2 billion by 2011, at a

       E  n  g   i  n  e   D  e   l   i  v  e  r   i  e  s   (   U  n   i   t  s   )

    20112006 2017

    Creating the Equation for Growth10

    29.9

    21.2

    16.7

    0

    5

    10

    15

    20

    25

    30+6%

    20112006 2017

    +5%

    Global Commercial Turbofan Engine Trend and Forecast

    in US $ Billion: 2006-2017

       R  e  v  e  n  u  e   (

       U   S   $   B   i   l   l   i  o  n   )

    CAGR of 5%

     – Engines for narrow body aircraft made up

    81% of the market on a volume basis, and

    led industry growth with a CAGR of 20%.

    • Commercial aero engine market is expected to

    reach $29.9 billion by 2017 with a CAGR of 6%

    from 2012-2017

     – CFM and PW are expected to be the

    dominant engine manufacturers for next-

    generation narrow body aircraft.

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    11/37

    Global Commercial Turbofan Engine Market by Manufacturer:2006-2017

    Key Insights

    • Highly consolidated industry, with top 3 major

    players controlling 85% of the total market

    • The market is dominated by CFM, accountingfor 62% of the market in 2011, followed by IAE.

    • CFM International, a 50-50 joint venture

    between Snecma and GE, manufactures the

    %

    %

    %  

    %

    %

    Global Commercial Turbofan Engine Market Share 2011

    1,862 Units Delivered

    Creating the Equation for Growth11

    CFM56, one of the most fuel-efficient aero-engines in the market.

    − New CFM engines reduce NOX emission by

    25%, and are powering several aircraft,

    including A319, A320, A321. and B737.

    − With its new Geared Turbo Fan engine, PW

    share is expected to grow at the expense of

    IAE and, to a smaller extent, CFM.

    %

    %  

    %

    %

    Global Commercial Turbofan Engine Market Share 20172,455 Units Delivered

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    12/37

    Range 76%-100% 51%-75% 26%-50% 6%-25% 0%-5%

    Aircraft Type PW GE RR CFM IAE EA

    Narrow Body

    Wide Body

    CFM dominates narrow body turbofan engine fleet with 62% market shareGE dominates wide body turbofan engine fleet with 48% market share in 2011

    World Aircraft Active Fleet Market Share by Engine Manufacturer 2011

    Creating the Equation for Growth12

    %

    %

    %

    %

    %

    %

    %

    %

    %

    Narrow Body Active FleetTotal Fleet in 2011:11,576

    Wide Body Active FleetTotal Fleet in 2011: 4,317

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    13/37

    Top 6 Airlines: Turbofan Engine Inventory by Age and Manufacturer

    Delta Airlines Active EngineInventory by Manufacturer

    American Airlines Active EngineInventory Manufacturer

    Southwest Airlines Active EngineInventory Manufacturer

     

     

    Creating the Equation for Growth13

    Delta Airlines Active EngineMarket Share by Manufacturer

    American Airlines Active EngineMarket Share by Manufacturer

    Southwest Airlines Active EngineMarket Share by Manufacturer

     

     

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    14/37

    China Southwest Active EngineInventory by Manufacturer

     

    Lufthansa Airlines Active EngineInventory by Manufacturer

    United Airlines Active EngineInventory by Manufacturer

    Top 6 Airlines: Turbofan Engine Inventory by Age and Manufacturer

    Creating the Equation for Growth14

     

     

    China Southwest Active EngineMarket Share by Manufacturer

    Lufthansa Airlines Active EngineMarket Share by Manufacturer

    United Airlines Active EngineMarket Share by Manufacturer

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    15/37

    Material Composition in Turbofan Engines by Total

    Weight of Engine

    %

    &

    &

    %

    % &

    %

    • Titanium, nickel and steels are the dominating

    materials in aero engine design – with increasing

    interest in composites.

    • Industry-wide requirements for enhanced fuel

    efficiency is driving the need for lightweight engines.

    • Environmental regulators are requiring reductions in

    both noise and carbon emissions.

    Key Insight

    Material Composition in Turbofan Engines

    Creating the Equation for Growth15

     

    • Fans made of woven carbon fibers rather thantitanium have been demonstrated to enhance fuel

    efficiency by up to 15%

    • Sophisticated airfoil design, advanced nickel-based

    super alloys, and thermal barrier coatings have

    allowed for hotter, more complete combustor burn,

    thus reducing carbon emissions and affording

    designers greater thrust options.Source: Rolls Royce

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    16/37

    China Aero Engine Industry

    • Chinese players will bring major changes to aerospace industry dynamics in the

    coming years by launching its new commercial aircraft and engine in international

    market

    • The country’s aerospace industry is developing under the Chinese government’s

    five year plan with the following goals:

    ‒ Development of COMAC C919 narrow body aircraft

    ‒ Initially C919 will be launch with CFM LEAP X engine

    ‒ Longer term engine for C919 to be manufactured domestically

     

    Creating the Equation for Growth16

    ‒ Five year plan clearly states the development of civil aircraft and engine,

    engines in pipeline by China aero engine manufacturers are

    o CJ-1000A

    o CJ-1000AX

    o CJ-1000B ER

    • MTU Aero Engines of Germany and the Chinese engine manufacturer AVICCommercial Aircraft Engine Co. Ltd. (ACAE) have signed an agreement on key

    terms for a possible cooperation on the future CJ1000 engine

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    17/37

    Upcoming China Aero Engines

    • China Jet CJ-1000A is thedomestic engine designed andbuilt for C919 150-seatercommercial aircraft

    • Initially C919 will be launch withCJ-1000A

     

    CJ-1000AX

     

    CJ-1000B ER

     

    CJ1000A

    Creating the Equation for Growth

    CFM LeapX engine

    • In the longer term, the C919 willbe powered by a domesticallyproduced engine

    • Certified and into-production by2020

    • Demonstrator engine to beproduced by 2016

    • Take-off thrust: ~14000 kgf• SPF: ~0.52 kg/kgf.h• Bypass Ratio: >9• OPR: ~40• HPC Pressure Ratio: ~20

     

    2016• Application: C919

    Basic

    • Specific Fuel

    Consumption:

    0.53 kg/(kgf.h)

     

    2022• Take-off

    Thrust:~12800kgf

    • Specific Fuel

    Consumption:~

    0.53 kg/(kgf.h)

     

    2026• Take-off

    Thrust:13400kgf

    • Specific Fuel

    Consumption 0.52

    kg/(kgf.h)

    The CJ-1000 Engine Family

    17

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    18/37

    Drivers and Challenges of Commercial Turbofan Engine Market

       D  r   i  v  e  r  s

    • Increasing Traffic Forecast• Traffic growth on the existing route network where it is more efficient to add capacity than

    frequency• Some 1,300 very large aircraft to meet passenger demand are required in future years;

    increasing population; urbanization and increasing world disposable income is leading todemand for new aircraft

    • Demand for Light Aircraft and Low-Cost Carriers

    • Soaring fuel prices has pushed the demand & need for lighter aircrafts among airliners toleverage their shrinking bottom-lines• Continued growth of LCCs, especially in Asia

    • Retro-fitting of New Engines in Existing Aircraft• Retro-fitting of new engines in aircraft-Leap X in A320neo family of aircraft• Leap-1B in B737 Max

    • Fuel-Efficient Engines 

    Creating the Equation for Growth18

     C h  al    l     en  g e s

      - 2  • Emerging regulatory requirement to reduce greenhouse gas emission

    • Increase in Prices

    • Increase in material pricing such as the price of titanium

    • Cost of fuel also affects the engine market

    • Tough Regulations and Certification Process

    • Stringent certification process discourages market entry

    • Market requirement for 20% improvement in operating economies to launch next-generation

    narrow body• Meeting Technological Changes and other Challenges

    • Technological changes taking place over time

    • Capacity issues, difficulties in hiring skilled and less expensive labor

    • Challenges in adding production facilities are major constraints for engine manufacturers

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    19/37

    Factors Shaping the Outlook for the Commercial Turbofan EngineMarket

    Usage of Composites,Ceramics & Super Alloys

    Increasing Use of Biofuels& Green Aero Engines

    Increasing Air Traffic,Market Liberation &

    Developing Infrastructure

    Prognostics andDiagnostics & Escalating

    PMA Parts

    CFM56-3

    Advanced Material usagesuch as increase in use ofcomposites, ceramics , and

    More efficient “Green AeroEngines” are now a marketimperative. Factors that

    All these are pushing globalaerospace engine markettoward growth•

    Growing use offPrognostics &Diagnostics have becomea core element of en ine

    Creating the Equation for Growth19

      .These materials offerseveral key advantages inengine design:

    • Lower maintenance cost• Lower weight• Ability to integrate

    structures• Better hi-temperature

    performance• Improve fuel efficiency• Satisfy safety standards

     

    • Emerging regulatoryrequirement to reducegreenhouse gas emission

    Biofuels are the primarymeans of reducing thecarbon footprints, keyadvantages of biofuels are:• Improves efficiency

    • Reduces emission fromaviation

    • Reduce dependence onfossil fuels

     existing route networkwhere it is more efficientto add capacity thanfrequency

    • Increasing population;urbanization & increasingworld disposable incomeis leading to demand for

    new aircraft• Increase in new airlinenetworks due to turningglobal cities & new routesare leading to new aircraftprocurement

    OEM value proposition

    • New generation aircraftdesigns feature heavyuse of prognostics,diagnostics, and healthmonitoring systems

    Escalating PMA partstrends beneficially affectingcommercial aerospace

    suppliers• Rising PMA parts couldreshape the MRO market

    • PMA parts currently 2% to3% of total partsconsumption by value

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    20/37

    Table of Contents

    • Executive Summary 

    • Market Analysis of Commercial Turbofan Engine Industry 

    • Supply Chain Analysis of Commercial Turbofan Engine Industry 

    • Technology Trend and Future of Commercial Turbofan Engine

    Creating the Equation for Growth 20

    • Growth Opportunities and Emerging Trends 

    • About Lucintel 

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    21/37

    CustomersEngine

    Manufacturer

    Aero engineComponent(Tier l & ll)Suppliers

    Raw MaterialSuppliers

    Supply Chain: Global Commercial Turbofan Engine Market

    Creating the Equation for Growth21

    • Precision Castparts• Alcoa Howmet• Blades Technology Intl.• Carmel Forge• Aerospace Industrial

    Development Corp.• Xian Aero Engine• Turbocam International• Twigg Corporation• Barnes Aero

    • SIFCO Industries• Avio S.p.A.• IHI• KHI• MHI• Volvo Aero• Others

    • Hexcel• Alcoa• Hadco• RMI Titanium• VSMPO• ASM• Allegheny Technologies• Compos Flex, Inc.• Others

    • Rolls Royce• Pratt & Whitney• General Electric• CFM International• IAE• Engine Alliance• Others

    • Delta Airlines• American Airlines• China Southern Airlines• Air China• United Airlines• Boeing• Airbus• Others

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    22/37

    Global Commercial Turbofan Engine Manufacturing Decision Process

    Role of Airline (End User)

    Role of Airframe OEMs

    Decision Process

    • Parameters• Specifications

    • Lifecycle Needs

    • Testing• Gap Analysis

    • Improve as needed

    Process Driver

    Influencer

    Follower

    • Type of materialselection

    Commercial Aero engine

    Product Design &Development

    Material Selection Prototyping & Testing

    Creating the Equation for Growth22

    Role of Aero engine OEMs

    Key Insights

    • In life cycle of engines, the engine OEMs are responsible for the following activities:• Marketing & Design: Preliminary design studies & market studies, definition of engine with new technology concepts

    • Development Stage: Program launch, engine design, manufacture of first development parts & assembly ofdevelopment engines• Production and Distribution: Parts sent to assembly shop, engine assembly , start of full engine & flight tests• Sales and Support: Marketing, sales, and contract negotiations (vendors and customer support)• Maintenance, Repair, and Overhaul (MRO): Troubleshooting, repair or restoration, re-assembly, test & reinstallation• Spare parts: Forecast customer needs, component delivery, customer-oriented service

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    23/37

    Table of Contents

    • Executive Summary 

    • Market Analysis of Commercial Turbofan Engine Industry 

    • Supply Chain Analysis of Commercial Turbofan Engine Industry 

    • Technology Trend and Future of Commercial Turbofan Engine

    Creating the Equation for Growth 23

    • Growth Opportunities and Emerging Trends 

    • About Lucintel 

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    24/37

    Technology Roadmap of Turbofan Engines

     

       l   C  o  n  s  u  m  p   t   i  o  n

    •SPF- 0.65 lbs/hr•BPR- 2•OPR- 15.4•Thrust- 21700 lbf

     

    JT8D-200

    PW 2037

    •SPF- 0.58 lbs/hr•BPR- 4•OPR- 29.4

     

    CFM 56-7B

    •SPF- 0.5 lbs/hr

    RR Trent 900

     

    GE GenX

    CFM LeapX

    11%

    14%

    8%

    4%

    4.5%

    Creating the Equation for Growth24

       S  p  e  c   i   f   i  c

       F  u  e

    1960 1980 1990 2000 2010

    •   m ss on-

    0.8g/kg•NOx Emission-22.8 g.kg

    • -•CO2 Emission-

    0.33g/kg•NOx Emission-29.41 g.kg

    •BPR- 5.5

    •OPR- 32.8•Thrust- 23400 lbf•CO2 Emission-0.54g/kg

    •NOx Emission-20.81 g.kg

    •SPF- 0.46 lbs/hr

    •BPR- 10•OPR- 36.3•Thrust- 75000 lbf•CO2 Emission-0.54g/kg

    •NOx Emission-20.7 g.kg

    •SPF- 0.44 lbs/hr•BPR- 9.5•OPR- 40•Thrust- 67400 lbf•CO2 Emission-

    0.17g/kg•NOx Emission-

    18.9 g.kg

    1970 2020

    •SPF- 0.42 lbs/hr•BPR- 10.5•OPR- 40•Thrust- 18000-

    35000 lbf•CO2 Emission-16% lower (CFM56)•NOx Emission-NOx emissions by

    50 percentcompared tocurrent CAEP/6regulations

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    25/37

    • Trent 1000 is three-shaft high bypass

    ratio (11-10.8:1)

    turbofan engine

    • Trent 1000 has OPR

    • Successor to CF6• Major Applications:

    Boeing 747-8

    Boeing 787

    Dreamliner

     

    • Fan tip diameter of100 inches

    • Take-off thrust:

    64,000 - 68,000 lbs.

    • Bypass ratio: 5:1

     

    Front Runner Turbofan Engines

    • Two-spool high-bypass turbofan

    engine

    • Single annular

    combustor

     

    GenX EngineCFM 56PW4000 GP7000 Trent 1000

    • Double-annularcombustor. Insteadof having just onecombustion zone[Reduced nitrogenoxides (NOx) and

    Creating the Equation for Growth

     

    • Single stage LP,eight-stage IP, six-

    stage HP

    compressor

    • Single-stage HP

    turbine, single-stage

    IP turbine, six-stage

    LP turbine

     

    blades with titaniumleading edges

    • Fan bypass ratio of

    19:2, which also

    helps reduce noise

    • Titanium aluminide

    stage 6 and 7 low

    pressure turbine

    blade

     

    ratio: 32• Fan pressure ratio:

    1.75

    • Four-stage low

    pressure

    compressor (LPC)

    and a four-stage

    low pressure

    turbine (LPT)

    25

    -

    pressure turbine,boltless architecture,

    single crystal

    blades, split blade

    cooling and thermal

    barrier coatings,

    axial flow; six-stage

    low-pressure axial

    flow

    • Overall pressure

    ratio: 43.9

    carbon dioxide

    (CO2) ]• Nine-stage high

    pressurecompressor

    • Single-stage fan,and most variantshave a three-stage

    booster on the low-pressure shaft, withfour stages in the5B and 5C variants

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    26/37

     

    Future Technology: CFM LeapX Engine Vs PW1000G Engine

    CFM LEAP-X PW1000G

    Creating the Equation for Growth

    • ompressor: x a ow, -s age geare an, - s age ,

    8 stage HP• Combustors: Annular combustion chamber

    • Turbine: Axial, 2-stage HP, 3-stage LP

    • Maximum thrust: 14,000–23,000 lbf (62–100 kN)

    • By pass ratio: 12:1

    • Applications: A320neo, Bombardier CSeries, Mitsubishi

    Regional Jet, Irkut MS-21

    • Talon X combustor is a third-generation combustor that

    reduces NOx emission by 50% to CAEP/6 standards

    •  deterioration rates, has an additional 1.4% fuel burnadvantage

    • Single-stage fan, 3-stage low pressure compressor, 10-stage high pressure compressor

    • 3-D woven RTM technology for 18-blade composite fan• 15% better fuel efficiency• 50% Lower NOx emission• 75% reduce reduction of noise foot print• Maximum thrust: 18,000-35,000 lbf., ca. 25,000-30,000lbf.

    for C919• Overall pressure ratio: 40:1• Bypass ratio: 10:1• Applications: A320neo, B737 Max, C919• Reduced weight, fuel burn and noise• Better maintenance cost

    26

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    27/37

    Comparison: CFM LeapX and PW1000G

    Parameters CFM LeapX PW1000G (GTF) Comparison

    Fan section18 blade composite

    fan18 blade bi-metallic

    fan

    • LeapX: Foreign-object damage(FOD) reduction technology, lowermaintenance cost

    • GTF: Translating sleeve, lowermaintenance cost

    Gearbox No gearbox Yes• LeapX: No Maintenance• GTF: Maintenance cost for

    gearbox

    Low pressurecom ressor

    3 stage LPC 3 stage LPC• LeapX: Moderate maintenance

    cost

    Creating the Equation for Growth 27

     

    High pressurecompressor

    10 stages 8 stages• LeapX: More airfoils than GTF• GTF: one-third fewer airfoils than

    the LEAP

    Combustor TAPS combustorThird-generation Talon

    combustor

    • LeapX: New Technology• GTF: New Technology

    Low pressure turbine

    4 to 7 stages

    (applicationdependant)

    3 stages

    • LeapX: 7 stages

    • GTF: Two-thirds fewer airfoils forGTF than LEAP

    High pressureturbine

    2 stages 2 stages• LeapX: Minimize fuel burn• GTF: Low maintenance

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    28/37

    • Large investments have alreadybeen made in Europe and the USthrough R&D programs andcollaborations to reduce the

    negative environmental effects ofaircraft use

    • ICAO, under the CAEP process,has undertaken an effort to

    Key Insight

    Research & Development Activities in Aero Engine Industry

    Vision 2020 (January 2001)• Responding to the Society needs

    • Securing global leadership to Europe

    ACAREOctober 2002: The Strategic Research Agenda (SRA 1): 5 Challenges

    Quality &Affordability

    Environment Safety

    AirTransportSystem

    Efficiency

    Security

    Creating the Equation for Growth

      -

    environmental goals relating tothree types of technologies – noise,NOx, and fuel burn:

    - Medium Term Goal (2016):CAEP/6 levels – 45%, ±2.5%(of CAEP/6) at an overallpressure ratio of 30

    - Long Term Goal (2026):CAEP/6 levels – 60%, ±5% (ofCAEP/6) at an overall pressureratio of 30

    28

    The Advisory Council of Aeronautical Research in Europe (ACARE)identified the research needs for the aeronautics industry for 2020. The

    engine has to contribute to the overall ACARE targets with a 20%reduction in CO2 emissions per passenger-kilometer, 10 dB noise

    reduction per certification point and a 80% reduction in NOx emissions.

    Source: NEWAC

    October 2004: The SRA 2: 6 High Level Target Concepts

    Very LowCost ATS

    Ultra GreenATS

    HighlyCustomerOriented

    ATS

    HighlyTime-

    efficientATS

    UltraSecure ATS

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    29/37

    Table of Contents

    • Executive Summary 

    • Market Analysis of Commercial Turbofan Engine Industry 

    • Supply Chain Analysis of Commercial Turbofan Engine Industry 

    • Technology Trend and Future of Commercial Turbofan Engine

    Creating the Equation for Growth 29

    • Growth Opportunities and Emerging Trends 

    • About Lucintel 

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    30/37

     

     

       (   2   0   1   2  -   2   0   1   7   )

    Growth Opportunity of Commercial Turbofan Engine Market

    Key Insights

    • In 2017, the global aero engine market is

    expected to approach 2,500 units with a

    CAGR of 5% for 2012-2017

    • The global aero engine market is poised forrobust growth with the following

    opportunities:

    • New material development, which will

    drive the aero engine market in

    Growth Opportunities in Global Commercial AeroEngine Market (2012-2017)

    Creating the Equation for Growth30

       C   A   G

       R

     

    Aero Engine Market Size (Units)

    * Bubble size indicates 2017 aero engine market size.

    coming years

    • New future technologies such as

    woven resin transfer molding

    technique, driving weight reduction

    • Next-generation narrow body aircraft with

    upgraded engines are expected to drive the

    market in coming years• CFM engines are forecast to drive the aero

    engine market with over 1,500 units in 2017

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    31/37

    Emerging Trends in Global Commercial Turbofan Engine Market

    Fuel-efficient and light weightaero engines

    • The CFM International LEAP-X is a high-bypass turbofan engine

    • Use of composites on fan blades and other components could reduce the weight of

    engine to 1,000 pounds

    • Airbus is working on offering a new engine for the A320 known as the

    New En ine O tion NEO 

    Less CO2 and NOx emittingengines

    • The PurePower PW1000G series engines use an advanced gear system

    allowing the engine’s fan to operate at a different speed than the low-pressurecompressor & turbine

    • This engines will have 50% reduction in NOx & 50% reduction in engine noise

     

    Creating the Equation for Growth31

    EmergingTrends inAero

    EngineMarketLower Maintenance cost

     

    • The new engine will burn 16% less fuel and will have 20% lower

    maintenance cost

    • The GenX engines offers 30% reduction in the

    maintenance cost

    • Some of the GE engines predict elapsed time between

    inherent failures of a system during operation

    Retro-fitting of new engines

    • Air transport’s contribution to climate change represents 2% of

    man-made CO2 emissions and this could reach 3% by 2050,

    according to the Intergovernmental Panel on Climate Change

    (IPC). Thus, introduction of biofuel will drive the future aero

    engine market

    Use of second- generationbiofuels

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    32/37

    Table of Contents

    • Executive Summary 

    • Market Analysis of Commercial Turbofan Engine Industry 

    • Supply Chain Analysis of Commercial Turbofan Engine Industry 

    • Technology Trend and Future of Commercial Turbofan Engine

    Creating the Equation for Growth 32

    • Growth Opportunities and Emerging Trends 

    • About Lucintel 

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    33/37

    Lucintel is the leading global management consulting and market

    research firm.

    Lucintel creates the equation for growth and is committed toactionable results that deliver significant value and long-term growth

    to its clients.

    About Lucintel

    Creating the Equation for Growth 33

    Lucintel has been creating measurable value for more than 14 yearsand for thousands of clients in 70+ countries worldwide.

    Visit http://www.lucintel.com/imovie /for a short 3.5-minute movie on

    Lucintel solutions.

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    34/37

    Lucintel Products and Services: 100+ Market Reports to OptimizeYour Market Research Investment

    Aerospace

    Transportation

    Marine

    Market ReportsMarket Reports ConsultingConsulting

    Growth and Strategic Consulting

    Benchmarking

    O ortunit Screenin

    Creating the Equation for Growth 3434

    Construction

    Renewable Energy

    Recreational

    Composite Materials

     

    Partner Search and Evaluation

    Due Diligence and M&A

    Market Entry Strategy

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    35/37

    Lucintel has an extensive toolkit to address key strategic questions forincreasing your company’s profitability and market presence

    • Is market space/opportunity of current

    product offerings sufficiently robust?

    • Markets are focus for many: how can my

    company profitably differentiate?

    • Based on our core skills where should

    Key QuestionsKey Questions

     

    MarketEntry

    Strategy

    Build/Buy/ PartnerOpportunityScreening

    Creating the Equation for Growth 35

     

    we focus?

    • Should we build or buy? Is build even an

    option?

    • What game changer actions exist and/or

    is a more incremental approach best?

    • What is the order sequence of market

    entry segments/products?

    uc n e

    Consulting StrategicGrowth

    Consulting

    SalesForce

    Optimizing

    FeasibilityStudy

    DueDiligence

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    36/37

    Clients Around the World Value Lucintel’s Services 

    Creating the Equation for Growth 36

     

  • 8/16/2019 Turb Fan Aero Engine Market Brief

    37/37

    Joseph E. Fritz, MBAVP, Research and Operations,USAEmail: [email protected]

     

    Steve ParkerVice President Sales, USAEmail: [email protected]

     

    Reach Lucintel

    For your business requirements and cutting-edge consulting solutions, contact

    Lucintel at [email protected] or Tel. +1-972-636-5056 or call one of the

    following Lucintel professionals:

    Creating the Equation for Growth

    Tel: +1 520 638 8866 Tel: +1 972 636 5056

    Roy AlmaguerSales Manager, USA

    Email:[email protected]. : +1 210 878 7693

    37